Cross Country Healthcare

Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the following segments: Nurse and Allied Staffing, Physician Staffing, and Search. The Nurse and Allied Staffing segment provides workforce solutions and traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing. The Physician Staffing segment consists of certified registered nurse anesthetists, nurse practitioners, and physician assistants. The Search segment serve as a direct-hire talent acquisition partner to healthcare organizations and academic institutions throughout the nation providing a full suite of prescriptive talent management solutions, including flexible talent delivery models such as retained, outsourced, and contingent. The company was founded by Kevin C. Clark in 1986 and is headquartered in Boca Raton, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cross Country Healthcare reports record 2022 performance amidst industry challenges

Cross Country Healthcare delivered strong financial performance in 2022, with record revenue and profitability, strategic acquisitions, and debt reduction initiatives.
While facing challenges from industry dynamics, the company's focus on digital transformation, market competitiveness, and growth opportunities position it well for the future.
Opportunities in securing new contracts, revenue diversification, technology adoption, and strategic M&A underscore Cross Country's proactive approach to driving growth and efficiency.
With a clear focus on managing costs, maintaining EBITDA targets, and leveraging market trends, Cross Country Healthcare aims to navigate challenges and capitalize on opportunities for sustained success.

Cross Country Healthcare surpasses Q1 expectations amidst staffing challenges

Cross Country Healthcare's Q1 performance exceeded expectations, driven by digital initiatives and operational efficiency.
Challenges include projected declines in travel business bill rates and severe staffing shortages in healthcare.
Opportunities lie in increasing shareholder value, technology investments, and improving MSP capture rates.
Overall, the company is adapting to market conditions while focusing on cost savings and operational enhancements.

Cross Country Healthcare reports strong Q2 earnings and tech-driven growth

Cross Country Healthcare's Q2 performance met or exceeded expectations, driven by strong revenue streams and investments in technology.
While facing challenges in certain segments, the company's focus on technology, locum business, and diversified revenue sources positions it well for growth.
Opportunities lie in capturing market share in vendor-neutral spaces, leveraging technology solutions, and capitalizing on strong business performance areas.
Overall, Cross Country Healthcare remains optimistic about its long-term growth prospects and technology-driven initiatives amidst evolving market dynamics.

Cross Country Healthcare reports resilient Q3 performance and eyes growth

Cross Country Healthcare's Q3 performance reflected revenue of $442 million, with a focus on achieving high single-digit EBITDA margins through strategic investments and efficiency enhancements.
Despite challenges such as competitive pressures and aligning pay rates with market demands, the company remains resilient and innovative in capturing growth opportunities.
With a strong emphasis on technology, supplier network development, and margin management, Cross Country Healthcare is poised for sustained growth and profitability in the healthcare staffing industry.
Optimism about future growth opportunities, stable bill rates, and positive client feedback on technological offerings position the company for continued success and market expansion.

Cross Country Healthcare reports robust Q4 performance and growth outlook

Cross Country Healthcare's Q4 2023 showcased strong financial performance and strategic initiatives, with a focus on operational efficiency and market responsiveness.
Despite challenges such as margin compression and softness in travel demand, the company aims for margin expansion and sustained growth through acquisitions and efficiency measures.
Client satisfaction, market resilience, and a proactive approach to market dynamics position Cross Country Healthcare for continued success and outperformance.

Cross Country Healthcare meets Q1 expectations amidst industry challenges

Cross Country Healthcare's Q1 performance met expectations, with growth in key segments.
Challenges include softened demand in travel assignments and post-COVID funding changes.
Opportunities lie in potential growth in Travel Allied business and strategic technology investments.
Overall, the company remains optimistic about its long-term prospects and market positioning.

Cross Country Healthcare reports solid Q3 results amidst competitive challenges

Cross Country Healthcare's Q3 2024 earnings call reflected solid performance with revenue meeting expectations and positive trends in key business segments. The company faces challenges in the travel nursing & allied business but is focused on margin improvement and strategic investments. Opportunities for growth include leveraging positive trends and exploring potential M&A opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the Nurse and Allied Staffing and Physician Staffing segments. The Nurse and Allied Staffing segment provides workforce solutions and traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing. The Physician Staffing segment includes certified registered nurse anesthetists, nurse practitioners, and physician assistants. The company was founded by Kevin C. Clark in 1986 and is headquartered in Boca Raton, FL.

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc., (NASDAQ: CCRN), a market-leading, tech-enabled workforce solutions platform and advisory firm, today announced the launch of a new, state-of-the-art digital platform designed and developed to help healthcare professionals find and engage with potential job opportunities more effectively. The new and improved CrossCountry.com delivers a simplified and intuitive user experience while offering resources including nurse licensure, t

Cross Country Healthcare Launches the New CrossCountry.com

Apple

Dick's Sporting Goods

Moderna

NVIDIA

O'Reilly Automotive

Perficient

MarketWatch published an article early in 2022 which highlighted last year's  best-performing S&P 500, mid-cap, small-cap, Nasdaq-100, and Dow 30 stocks. Some of the names on the five lists were cited by analysts as the top growth stocks to buy in 2022.

7 Growth Stocks That Could 10X by 2027

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN), a market-leading tech-enabled workforce solutions platform and advisory firm, today announced that the organization will host its Investor Day event the morning of Wednesday, September 14, 2022. Those interested in attending the event in person may reach out to Josh Vogel, Vice President of Investor Relations at jvogel@crosscountry.com to coordinate, as space will be limited. The Investor Day event

Cross Country Healthcare to Host Investor Day on September 14, 2022, Highlighting Its Innovative Strategy

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that the Company's Board of Directors authorized the Company to repurchase up to $100 million of the Company's shares of common stock under a new stock repurchase program. The new plan is effective immediately and is in addition to any remaining shares available for repurchase under the current plan. Shares under the new plan may be repurchased from time-to-time in the open market or

Cross Country Healthcare Announces Authorization of a New $100 Million Stock Repurchase Program

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in the 15th Annual Barrington Research Virtual Fall Conference taking place on September 8, 2022. John Martins, President & Chief Executive Officer, William J. Burns, Executive Vice President & Chief Financial Officer, and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one investor meetings. No formal presentatio

Cross Country Healthcare to Attend The 15th Annual Barrington Research Virtual Fall Conference

Central Garden & Pet Company

Entravision Communications

Lovesac Company

Oppenheimer Holdings

RMR Group

Interface

Dr. Gerald W. Perritt, the founder of Chicago-based portfolio manager Perritt Capital Management, wrote a whitepaper a few years ago entitled “The MicroCap Advantage.

7 Massively Undervalued Micro-Cap Stocks to Buy Before Lift Off

Kelly Services

Insperity

Resources Connection, Inc.

The United States has been adding a record number of jobs, helping staffing stocks like Insperity (NSP), Cross Country Healthcare (CCRN), Resources Connection (RGP) and Kelly Services (KELYA).

4 Staffing Stocks to Watch on Solid Job Additions to Economy

Cross Country Healthcare printed another solid performance this quarter keeping in line with long-term growth trends. The company saw upsides at the top and bottom line versus consensus and acknowledged key headwinds moving forward.

Cross Country Healthcare: Desirable ROIC And Resiliency Factors

Cross Country Healthcare, Inc. (NASDAQ:CCRN ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Josh Vogel - Vice President, Investor Relations John A. Martins - President and Chief Executive Officer William J.

Cross Country Healthcare, Inc. (CCRN) CEO John A. Martins on Q2 2022 Results - Earnings Call Transcript

Cross Country (CCRN) delivered earnings and revenue surprises of 3.70% and 1.62%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Cross Country Healthcare (CCRN) Surpasses Q2 Earnings and Revenue Estimates

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) today announced financial results for its second quarter ended June 30, 2022. SELECTED FINANCIAL INFORMATION:           Variance   Variance           Q2 2022 vs   Q2 2022 vs Dollars are in thousands, except per share amounts Q2 2022   Q2 2021   Q1 2022 Revenue $ 753,561       127   %   (4 ) % Gross profit margin*   22.6   %   70   bps   40   bps Net income attributable to common stockholders $ 52,89

Cross Country Healthcare Announces Second Quarter 2022 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)--CROSS COUNTRY HEALTHCARE WINS MULTIPLE COVETED TELLY AWARDS FOR BEST-IN-CLASS MARKETING

Cross Country Wins Multiple Coveted Telly Awards for Best-In-Class Marketing

Cross Country Healthcare's (CCRN) second-quarter 2022 earnings and revenues are expected to have increased year over year.

Will Cross Country Healthcare (CCRN) Beat on Earnings in Q2?

Korn/Ferry Int.

Gradual resumption of business activities, increased dependency on technology, the shift in recruitment patterns within the industry and cost reduction should aid the Zacks Staffing industry. KFY, CCRN and KELYA are well poised to witness a demand surge.

3 Stocks to Watch in a Challenging Staffing Services Industry

BOCA RATON, Fla.--(BUSINESS WIRE)--New Study Finds That While Aging Seniors Prefer In-Home Care, Most Are Critically Underprepared for Future Healthcare Needs.

New Study Finds That While Aging Seniors Prefer In-Home Care, Most Are Critically Underprepared for Future Healthcare Needs

BOCA RATON, Fla.--(BUSINESS WIRE)--Craig Hoven joined the organization as senior vice president and managing consultant of Cejka Search, the organization's executive search division.

Cross Country Healthcare Names Craig Hoven SVP, Managing Consultant of Cejka Search

Bread Financial Holdings Inc

Bunge Global SA

C.H. Robinson Worldwide

Commercial Metals

For significant returns, investors should keep broker-friendly stocks like C.H. Robinson (CHRW), Bunge Limited (BG), Cross Country Healthcare (CCRN), Bread Financial (BFH) and Commercial Metals Company (CMC) on their radar.

5 Broker-Favorite Stocks to Withstand the Current Market Mayhem

Cross Country (CCRN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Cross Country (CCRN) Surges 8.4%: Is This an Indication of Further Gains?

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its second quarter 2022 financial results on Wednesday, August 3, 2022 at 5:00 p.m. Eastern Time. Cross Country Healthcare, Inc. (the “Company”) intends to distribute its earnings press release after market close on Wednesday, August 3, 2022. This call will be webcast live and can be accessed at the Company's website at ir.crosscountryhealthcare.com or by dialing 8

Cross Country Healthcare Announces Second Quarter 2022 Earnings Release Date and Conference Call Information

Should investors be excited or worried when a stock crosses above the 200-day simple moving average?

Cross Country Healthcare (CCRN) Just Overtook the 200-Day Moving Average

GEE Group

ZipRecruiter

The United States has been adding a record number of jobs, helping staffing firm stocks ZipRecruiter, Inc. (ZIP), Cross Country Healthcare, Inc. (CCRN), GEE Group, Inc. (JOB) and Resources Connection, Inc. (RGP).

4 Staffing Stocks to Watch on Robust Job Additions to Economy

Cross Country (CCRN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Cross Country (CCRN) Beat Estimates Again in Its Next Earnings Report?

Builders FirstSource

BlueLinx Holdings

D.R. Horton

Ethan Allen Interiors

Veritiv

Encore Wire

Sometimes good stocks get beaten down on overreaction or wider selloffs. These are the top stocks to buy before they rebound.

7 Stocks to Buy Now Before They Rebound

BOCA RATON, Fla.--(BUSINESS WIRE)-- #healthcare--Cross Country Healthcare 2021 CSR Report

Cross Country Healthcare Releases Annual CSR Report Highlighting Its Commitment to Purpose, People, and Planet

The average of price targets set by Wall Street analysts indicates a potential upside of 93.1% in Cross Country (CCRN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

News for Cross Country Healthcare Stock (CCRN)